Central government employees expect a 2 percent dearness allowance in
the salary from January 2017.As per a blog of central government
employees,"In case All India Consumer Price Index(AICPIN) is less than
277 for Nov and Dec 2016, then Dearness Allowance from January 2017 will
be 2 percent.
The employees feel that due to the
impact of demonetisation, AICPIN Value may bevolatile in the coming
months.The AICPIN for December 2016 was released bythe Labour Department
on January 31 at 275.Though this is not the final figure because the
Union are protesting against the DA %, added the blog.The
move is likely to bring relief to around 50 lakh employees working with
the central government as well as 58 lakh more pensioners.
Provision
of dearness allowance and dearness relief is made to the employees and
pensioners so as to neutralise the effect of price rise on their salary
and saving.
